The Chinese constitutional amendment allowing Xi Jinping the possibility of further presidential terms — staying in power long enough to bring “national rejuvenation” combined with the Russian election re-confirming Vladimir Putin in the presidency have assured consistency and continuity for the Russia-China strategic partnership way into the next decade. This will facilitate the interaction between […]
‘PetroYuan’ Futures Launch with a Bang, Volume Dominates Brent As Big Traders Step In…
As we detailed previously, China’s yuan-denominated crude oil futures launched overnight in Shanghai with 62,500 contracts traded in aggregate, meaning over 62 million barrels of oil changed hands for a notional volume around 27 billion yuan (over $4 billion). As OilPrice.com’s Tsvetana Paraskova notes, Glencore, Trafigura, and Freepoint Commodities were among the first to buy […]
Death of U.S. Dollar? China Launches ‘PetroYuan’ to Challenge Greenback’s Dominance…
U.S. Trade Report Lays Bare Chinese Government Cyber-Espionage…
China’s government is engaged in a systematic program of cyber attacks on American and foreign companies, according to a US government trade report made public last week. The cyber intrusions into corporate networks are one of four areas identified by the office of the US Trade Representative as unfair trading practices. These have prompted the […]
REPORT: China – U.S. Trade Issues
Gordon Chang Discusses President Trump’s Plan to Remove the Panda Mask from the Chinese Red Dragon…
Author of “The Coming Collapse of China”, Gordon Chang, discusses the effect of President Trump’s tariffs on China and the epic battle ahead. Last night China announced their feeble retaliatory actions – SEE HERE. A professionally nervous Maria Bartiromo, frames a series of questions from the perspective of Wall Street. Fortunately Gordon Chang understands the […]
Understanding The Eagle, Panda and Red Dragon…
Kim Jong Un Makes Surprise Visit to China, Marking His First Time Out of North Korea Since Taking Power…
Kim Jong Un made an impromptu visit to Beijing on Monday, marking his first trip outside of North Korea since taking power in 2011, three people with knowledge of the visit said. Details of the visit were not immediately available, included the length and nature of the North Korean leader’s surprise visit to China. The […]
China Responds: Proposes Targeting 128 U.S. Companies with Tariffs…
Chuck Grassley Gives the Green Light to Call Out China for Currency Manipulation…
Republican Sen. Chuck Grassley of Iowa called out China for currency manipulation Monday on Fox Business, but also urged caution to avoid a full blown trade war. Grassley said he was fearful of China’s response to America’s trade policy under President Donald Trump, prompting host Host Maria Bartiromo to ask what the government’s plan is. […]
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